Others

3 BIG Spore banks ....:))

HSBC just relieve a better then expected result n will review its dividend payout again in Q4.

Sg banks are always doing well, I wld be most surprise if they are not doing better then Q2 , However its a matter of how much better.
Next wed/ Thur were know.
Dyodd

CheeryVGoh ( Date: 27-Oct-2020 12:40) Posted:

UOB said it has seen a twofold increase in the number of construction firms obtaining loans under value chain financing (VCF) in the first six months of the year, as compared with the end of 2019. The growth was driven by the increase in sub-contractors and suppliers obtaining loans under VCF, as part of tie-ups between their main contractors or project owners and the bank to help ease financing challenges brought about by Covid-19, UOB said in a statement.

If the loans are repaid with interest and on time, this will be good. If the loans, for any reason, fall into default, UOB is screwed.

CheeryVGoh ( Date: 27-Oct-2020 12:40) Posted:

UOB said it has seen a twofold increase in the number of construction firms obtaining loans under value chain financing (VCF) in the first six months of the year, as compared with the end of 2019. The growth was driven by the increase in sub-contractors and suppliers obtaining loans under VCF, as part of tie-ups between their main contractors or project owners and the bank to help ease financing challenges brought about by Covid-19, UOB said in a statement.

They can gain 6% and then lose 10% in institutional investment flows in 4Q. Institutional funds are very fluid.

FATABA ( Date: 26-Oct-2020 17:32) Posted:

Singapore Banks Began 4Q20 with 6% Gains on S$230M Net Insti Inflow

Note Net Institutional Inflows in 4Q20 to 23 Oct, were S$179.8M for DBS, S$26.8M for UOB and S$24.7M for OCBC. Source: SGX My Gateway, SGX StockFacts, Bloomberg. (Data as of 23 October 2020).

In the 4Q20 to 23 Oct, DBS Group Holdings, Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) have seen net institutional inflows amounting to S$231.3 million, while averaging 6.1% price gains. This followed net institutional outflows for the preceding three quarters, with an average 21% decline in total return (click here for Net Insti Flows of more stocks as of 15 Oct).
The top quartile of global-listed Banks have also averaged similar 5.7% price gains in the 4Q20 to 23 Oct, following median declines of 22.6% for the preceding three quarters. This means the global Banks have outpaced peers in the Healthcare, Technology and Consumer Non-Cyclicals Sectors over the past three weeks.
The trio of Singapore-listed Banks are scheduled to provide 3QFY20 Business Updates next week - UOB (Wed 4 Nov, before Mkt), DBS & OCBC (Thu 5 Nov, before Mkt). Aside from earnings, topics in focus will include guidance on loan quality and moratoriums, in addition to pre-emptive provisioning, net interest margins and non-interest income.

Assuming the three banks pay 60% of respective FY19 dividend distributions, indicative FY20 yields based on 26 Oct AM session share prices, are 3.5% for DBS, 3.6% for OCBC and 3.9% for UOB. DBS and OCBC remained in the top 10 constituent weights of the FTSE Developed Asia Pacific ex-Japan Sustainable Yield Index at the end of September

Singapore Banks Began 4Q20 with 6% Gains on S$230M Net Insti Inflow

Note Net Institutional Inflows in 4Q20 to 23 Oct, were S$179.8M for DBS, S$26.8M for UOB and S$24.7M for OCBC. Source: SGX My Gateway, SGX StockFacts, Bloomberg. (Data as of 23 October 2020).

In the 4Q20 to 23 Oct, DBS Group Holdings, Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) have seen net institutional inflows amounting to S$231.3 million, while averaging 6.1% price gains. This followed net institutional outflows for the preceding three quarters, with an average 21% decline in total return (click here for Net Insti Flows of more stocks as of 15 Oct).
The top quartile of global-listed Banks have also averaged similar 5.7% price gains in the 4Q20 to 23 Oct, following median declines of 22.6% for the preceding three quarters. This means the global Banks have outpaced peers in the Healthcare, Technology and Consumer Non-Cyclicals Sectors over the past three weeks.
The trio of Singapore-listed Banks are scheduled to provide 3QFY20 Business Updates next week - UOB (Wed 4 Nov, before Mkt), DBS & OCBC (Thu 5 Nov, before Mkt). Aside from earnings, topics in focus will include guidance on loan quality and moratoriums, in addition to pre-emptive provisioning, net interest margins and non-interest income.
Assuming the three banks pay 60% of respective FY19 dividend distributions, indicative FY20 yields based on 26 Oct AM session share prices, are 3.5% for DBS, 3.6% for OCBC and 3.9% for UOB. DBS and OCBC remained in the top 10 constituent weights of the FTSE Developed Asia Pacific ex-Japan Sustainable Yield Index at the end of September

Singapore Banks Began 4Q20 with 6% Gains on S$230M Net Insti Inflow

Note Net Institutional Inflows in 4Q20 to 23 Oct, were S$179.8M for DBS, S$26.8M for UOB and S$24.7M for OCBC. Source: SGX My Gateway, SGX StockFacts, Bloomberg. (Data as of 23 October 2020).

In the 4Q20 to 23 Oct, DBS Group Holdings, Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) have seen net institutional inflows amounting to S$231.3 million, while averaging 6.1% price gains. This followed net institutional outflows for the preceding three quarters, with an average 21% decline in total return (click here for Net Insti Flows of more stocks as of 15 Oct).
The top quartile of global-listed Banks have also averaged similar 5.7% price gains in the 4Q20 to 23 Oct, following median declines of 22.6% for the preceding three quarters. This means the global Banks have outpaced peers in the Healthcare, Technology and Consumer Non-Cyclicals Sectors over the past three weeks.
The trio of Singapore-listed Banks are scheduled to provide 3QFY20 Business Updates next week - UOB (Wed 4 Nov, before Mkt), DBS & OCBC (Thu 5 Nov, before Mkt). Aside from earnings, topics in focus will include guidance on loan quality and moratoriums, in addition to pre-emptive provisioning, net interest margins and non-interest income.

Assuming the three banks pay 60% of respective FY19 dividend distributions, indicative FY20 yields based on 26 Oct AM session share prices, are 3.5% for DBS, 3.6% for OCBC and 3.9% for UOB. DBS and OCBC remained in the top 10 constituent weights of the FTSE Developed Asia Pacific ex-Japan Sustainable Yield Index at the end of September

Singapore Banks Began 4Q20 with 6% Gains on S$230M Net Insti Inflow

Note Net Institutional Inflows in 4Q20 to 23 Oct, were S$179.8M for DBS, S$26.8M for UOB and S$24.7M for OCBC. Source: SGX My Gateway, SGX StockFacts, Bloomberg. (Data as of 23 October 2020).

In the 4Q20 to 23 Oct, DBS Group Holdings, Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) have seen net institutional inflows amounting to S$231.3 million, while averaging 6.1% price gains. This followed net institutional outflows for the preceding three quarters, with an average 21% decline in total return (click here for Net Insti Flows of more stocks as of 15 Oct).
The top quartile of global-listed Banks have also averaged similar 5.7% price gains in the 4Q20 to 23 Oct, following median declines of 22.6% for the preceding three quarters. This means the global Banks have outpaced peers in the Healthcare, Technology and Consumer Non-Cyclicals Sectors over the past three weeks.
The trio of Singapore-listed Banks are scheduled to provide 3QFY20 Business Updates next week - UOB (Wed 4 Nov, before Mkt), DBS & OCBC (Thu 5 Nov, before Mkt). Aside from earnings, topics in focus will include guidance on loan quality and moratoriums, in addition to pre-emptive provisioning, net interest margins and non-interest income.
Assuming the three banks pay 60% of respective FY19 dividend distributions, indicative FY20 yields based on 26 Oct AM session share prices, are 3.5% for DBS, 3.6% for OCBC and 3.9% for UOB. DBS and OCBC remained in the top 10 constituent weights of the FTSE Developed Asia Pacific ex-Japan Sustainable Yield Index at the end of September

A time to accumulate, perhaps?

FATABA ( Date: 26-Oct-2020 16:40) Posted:

All 3 banks dropped ...but fundamentally NO changes from yesterday or a week ago

Spore virus control is good .....BUT the world outside is crazy .......plus Msia and Thailand issues ......
We as a tiny red dot w NO resources is REALLY REALLY so dependant on the outside ( even our stock mkt !! )
When Dow or SH dropped ....we are much affected .

However, the brightest spot ...is that Singapore will rise the first when the recovery come about .....as such a Biden win will b good for Asia ( at least SEA)
Hold on ......Dyodd

UOB fly catching up w DBS ....
Dyodd

Too exciting indeed before the news is out! But it could prove disappointing. And we may be laughing all the way to the bank but crying out of it.

Banks Q3 result ....which means an exciting first week of Nov.

UOB 4th Nov Wed before market opens
OCBC 5th Nov before mkt open
DBS 5th Nov.

our 3 banks are powering STI to +20 pts today ........
OCBC named best managed bank during C19
Sleepy UOB is back ......will it test 20 soon .

All 3 bank will hv its result soon ......DBS 5th Nov with its dividend
Confident all 3 banks will still turn in a profit ...just a matter of how much .
Dyodd

Spore banks will lead the recovery .
1. Our econ is opening up slowly .
2. Most countries are NOT going to shut down / and opening partially n slowly
3. China is back w the long holiday
4. Q3 result is not spectacular but still profitable / DBS is still giving out dividend . In fact w growing wealth mgt n equity sale/ there maybe some surprise
5. Out stock are at low valuation / worth considering ?
Dyodd / happy investing.

Wow DBS art $21 is nearly $1.50 higher the UOB .........UOB is really depress ....or the Wee son dont have the capabilties as DBS CEO
This large gap is not common .

No wonder our STI is FLAT

STI seem to lack power to move up .
All 3 banks are relatively flat ......w small upside from last nite Dow rise .
w Ph3 opening will STI march on to 2600 or keep its 2500 ?
Let see

The short charges for OCBC bank is 3% pa...looks like encouraging more ppl to short ...

Futures DROP 400+ pts

Trump, Melania test positive for coronavirus, president vows to bring quarantine ' immediately'

Today no evil play to bring down our banks ....seem like Dow is very green / can it keep it up ?
Whole afternoon STI has maintain its gain w 30+ point....with both DBS n UOB up 40+ c ( since pandemic DBS has lead UOB for $1) which was
not the case ( in fact in the past UOB is mostly higher then DBS ....when will Mr Wee wake up n scoop some shares ??_
STI need the DOW to perform tonite ....
Dyodd

The same old evil playbook being played out as I speak!!!!!

Starship ( Date: 30-Sep-2020 13:35) Posted:

Same pattern by the despicable BBs everyday.
Bullrun of banks in the morning, then crash back down in the afternoon and Red closing.

Dbs bk is 21.05 , div 0.72 ( yield 3.6% at 19.96)
UOB bk 24 Divd 0.78 ( yield 4% at 19.12)
OCBC bk 10.87 divd 0.318 ( yield 3.8% at 8.45 )

All dividend at estimated value subjected to any revision ( BUT note all 3 banks can afford to pay dividend and payout ration are low)
OCBC and UOB are trading BELOW 0.8X its book value

DYODD
Happy investing.

Login Register

3 BIG Spore banks ....:))

Trump, Melania test positive for coronavirus, president vows to bring quarantine ' immediately'